FBC Holding, Inc. (FBCD) Announces Development of Upcoming NFT Project
FBC Holding, Inc. (OTC PINK:FBCD) announced the upcoming launch of an NFT project by its subsidiary, Formrunner Apparel Inc.. The project will feature a limited-edition clothing line alongside 100 unique digital collectibles, each with random rarity. Lisa Nelson, President & CEO, highlighted the immense revenue potential from this initiative, citing a booming NFT market valued at $250 million last year. The NFTs are expected to be available for purchase on secondary markets, driving further engagement. Further updates are anticipated as the project develops.
- Launch of NFT project expected to generate significant revenue.
- Partnership with experienced graphic designers for NFT development.
- Growing interest in NFTs, with total transactions hitting $250 million last year.
- None.
SCOTTSDALE, AZ / ACCESSWIRE / January 25, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce the development of it's NFT project coming up in the near term.
Formrunner Apparel Inc. is proud to introduce the latest in fashion and collectibles - a limited-edition clothing line with 100 unique digital collectibles. President & CEO Lisa Nelson states, "The newest spring drop is coming very soon, and we can't wait to release it!" Lisa Nelson also stated, "The amount of revenue that may come from this project is explosive and the team has been working very hard to make this happen!" Along with the latest clothing, the company is releasing 100 unique digital collectibles that will be living on the blockchain. Each one of these collectibles will have a rarity randomly minted, so you'll want to get your hands on them all! These NFTs (non-fungible tokens) will be available on the secondary markets for purchase and will have a reveal once all 100 are purchased. The rarest of the collection will get access to vIRL (Both Digital and Physical Editions). FBC Holding, Inc. has been working diligently with some of the best graphic designers and developers around the world to create Formrunner Apparel's very own Non-Fungible Tokens and the launch will be taking place as soon as possible so stay tuned.
As the company has mentioned, each NFT is unique and has its own value. Considering all of those factors, investors argue that NFTs are scarce, generating their value. Last year, the total value of NFT transactions hit
About Formrunner Apparel Inc.
Formrunner Apparel Inc. is a wholly owned subsidiary of FBC Holding, Inc. Formrunner Apparel Inc. carries a variety of Top-Notch Streetwear & Accessories located in Scottsdale, Arizona. Formrunner can be viewed and purchased on the Company's website at www.formrunnerapparel.com
Formrunner Apparel Inc's main website at www.formrunnerapparel.com
Twitter: https://www.twitter.com/FormrunnerTM
Instagram: https://www.instagram.com/Formrunner
Instagram (Mall Location): https://www.instagram.com/Hyperviolentaz
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Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See FBC Holding, Inc filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking.
SOURCE: FBC Holding, Inc.
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FAQ
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